Banking
A well-structured and ever-growing network of local and international banks, strictly controlled by the UAE Central Bank, offers a full range of commercial and personal banking services. Transfers can be made without difficulty as there is no exchange control and the dirham is freely convertible. To open a bank account in the UAE (with a few exceptions), you usually have to be a resident. Normal banking hours are usually Saturday to Thursday, from 08:00 to 13:00 or 14:00 (some banks also keep later hours).
ATMs
Most banks operate ATMs (Automatic Teller Machines, also known as cash points or service tills) that accept a wide range of cards. Most ATMs, although linked to a specific bank, ar
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Bank Accounts
Dubai is full of reputable banks that offer current, deposit and savings accounts, as well as credit cards and loans (although a lot more caution is now being used by banks where l
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Credit Cards
Most shops, hotels and restaurants accept the major credit cards (American Express, Diners Club, MasterCard and Visa). Smaller retailers are sometimes less likely to accept credit
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Main Banks
ABN AMRO Bank: 04 351 2200 Abu Dhabi Commercial Bank: 04 295 8888 Arab Bank: 04 295 0845 Bank
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Money Exchanges
Money exchanges can be found all over Dubai, offering good service and reasonable exchange rates, often better than the banks. You’ll find at least one in all major shopping mall
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Highlights
Sharjah sees 11% more tourists in H1
The UAE emirate of Sharja recorded an 11% increase in the number of tourist arrivals in the first half of this year, compared to the same period in 2009, according to the Sharjah Commerce and Tourism Development Authority (SCTDA). The majority of tourists (45%) entering Sharjah during the first half were from Europe, while 25% were from the GCC, 14% were from Asian countries, 11% were from other Arab countries, and the remaining 5% came from the Commonwealth, the US, Africa and the Pacific Region. The authority also said the emirate's 107 hotel establishments (41 hotels and 66 hotel apartments) reported a 70% hotel occupancy rate during the period.
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